Post
Topic
Board Economics
Re: Pricing in Dollar - Pricing in Bitcoin
by
Silberman
on 06/03/2021, 01:35:50 UTC
I'm pretty sure we all (or the majority) price Bitcoin in Dollars regardless of which
country we are in, I stand to be corrected on this though.

We are all certain that the Dollar and other FIAT are going to crash in the near future
or after we get to grips with this pandemic and financial aid ends. When this happens
we wont be pricing Bitcoin in Dollars.

What will we be using, Chinese Yuan?

or will we be pricing everything in Bitcoin?
Scales of measurement change all the time, fiat currencies are a way to measure value and if they fail in their mission then we will use something else, I think there is a possibility that we will begin to measure value directly in bitcoin, this is not as crazy as it sounds, there was a time in which money was measured in terms of gold and how much of it was behind it so we may get to that point in which we do the same with bitcoin as unlikely as it may seem now.